ECSPONENT LIMITED - Voluntary Terms Announcement regarding the Disposal of ROi

Voluntary Terms Announcement regarding the Disposal of ROi

ECSPONENT LIMITED
Incorporated in the Republic of South Africa
Registration number: 1998/013215/06
JSE Code: ECS - ISIN: ZAE000179594
(“Ecsponent” or “the Company”)

VOLUNTARY TERMS ANNOUNCEMENT REGARDING THE DISPOSAL OF ROi

The board of directors of the Company (“the Board”) is pleased to announce that the Group has
concluded a transaction in terms of which Return on Innovation Proprietary Limited (“ROi”), a 100%
owned subsidiary of the Company, disposed of its business as a going concern to iKGB Media
Information Service Proprietary Limited (“iKGB”), for a total consideration of R7.3 million (“the
Disposal”), with effect from 18 June 2018.

Overview of ROi

ROi provides strategic management inputs across all media platforms, from the rumblings on social
media, through a wide variety of print media to radio and television. This is managed through one
intelligence platform. The business provides empirical data enabling a strategic high ground for its
corporate clients.

Overview of iKGB

iKGB is 100% owned by Shaka Sisulu, who was born into political activism as the grandson of
Walter and Albertina Sisulu and is widely known as activist, entrepreneur and media-aficionado.

Shaka aims to create the largest, diverse and dynamic Black-owned digital marketing group on the
African continent.

iKGB is a boutique media monitoring agency that has been successful in a niche market since 2011.
The business provides its clients with data analytics, media monitoring and reputation analysis and
management services. Due to the growth potential and synergies between iKGB and ROi Africa,
the two business will amalgamate their solutions.


Pretoria
19 June 2018

Sponsor
Questco Corporate Advisory (Pty) Ltd

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